Look at different payment quickly, to see difference in payments, rates, and terms. 5 calculators in one.
Most calculators don't have an Interest Only payment calculation option, this one does.
Each line is a calculator on itself, that calculates payments for interest only loans or 15,20,30,40,and 50 yr fully amortized loan.
You don't need to get online to get access to it.
You can be on the phone with your client or loan officer and know what the payments are and what the difference is, that way you are more in control of what would be a better option.
This was made with the Loan officer in mind, that is why the black background, that way is easy on your eyes.
Must have Excel to use this calculator.
We will email you the spreadsheet once payment is received. thank you.
